Two-Unit
42 E 13th St, Hialeah, FL 33010
For Sale
$689,900
The residences provide four bedrooms and two bathrooms combined.
Property Size1,655 SF
Price / SF$416.86
Days on Market139
Property Features for 42 E 13th St
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Modern World Realty
Listed By:
Lena Borrayo · License #3435118
(786) 344-0357
Source:
Maggirealty
Added: Jun 23
Changed: Nov 7
Last Checked: Nov 7 at 5:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Modern World Realty
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Investment Insights
Based on property information with market context.
Built in 1957, this duplex contains 1,655 square feet across two residences. Together, the units offer four bedrooms and two bathrooms, with a separate entrance for each.
The property is at 42 E 13th St in Hialeah, Florida, near schools, shopping, dining, major roadways, and public transportation.
The property is at 42 E 13th St in Hialeah, Florida, near schools, shopping, dining, major roadways, and public transportation.
Key Highlights
- Two residences with private entrances
- Four bedrooms and two bathrooms in total
- 1,655 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,790
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,800
$475.8K
Cap Rate 7%
$339,857
$339.9K
Cap Rate 9%
$264,333
$264.3K
Market Conditions
NOI Build-Up for 1,655 SF
Gross rent
$36.7K $22.20/SF
− Vacancy
−$2.8K −$1.67/SF
EGI
$34.0K $20.54/SF
− OpEx
−$10.2K −$6.16/SF
NOI
$23.8K $14.37/SF
Area
Hialeah, FL
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,800
Cap Rate 7%
$339,857
Cap Rate 9%
$264,333
Alternative Uses
Best Use
Multifamily LT 5
$339.9K
$297.4K – $396.5K
NOI $23,790 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$316.6K
$277.0K – $369.4K
NOI $22,162 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$651.4K
$570.0K – $760.0K
NOI $45,599 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,824
Businesses Nearby
Explore this area
Business Placement
Demographics for 33010, FL
43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Miami-Dade County, FL
Properties on Market for Duplexes in Miami-Dade County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The residences provide four bedrooms and two bathrooms combined.
Where is this duplex located?
The property is located at 42 E 13th St Hialeah, FL.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: Two residences with private entrances; Four bedrooms and two bathrooms in total; 1,655 square feet
